VESTERVANG MASKINVÆRKSTED A/S

CVR 20959886 · Public limited company (A/S) · Active · Low risk

VESTERVANG MASKINVÆRKSTED A/S is a Public limited company (A/S), founded on , based in Hedensted. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 31k. CEO: John Conrad Sørensen.

Bankruptcy risk for VESTERVANG MASKINVÆRKSTED A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
20959886
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Toftegårdsvej 40
8722 Hedensted
Municipality
Hedensted
Industry
Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 930k
Employees
9 (2018)
Auditor
Revisto I/S
Audit opted out
No

Warning signs

Annual reports filed late2 of 28
Missing annual reportNo
Negative equityNo
Equity ratio21.3%
Current ratio121%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.8mDKK 2.5m
Net profitDKK 31kDKK 9,838
EquityDKK 1.3mDKK 1.3m
Total assetsDKK 6.0mDKK 6.0m
CashDKK 500k–
Short-term debtDKK 4.8m–
Tax owedDKK 4,706–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · Revisto I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021201 Late
1 Jan 2020 – 31 Dec 2020173
1 Jan 2019 – 31 Dec 2019188 Late
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017122
1 Jan 2016 – 31 Dec 2016158
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010142
1 Jan 2009 – 31 Dec 2009146
1 Jan 2008 – 31 Dec 2008160
1 Jan 2007 – 31 Dec 2007148
1 Jan 2006 – 31 Dec 2006155

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOJohn Conrad SørensenCurrent
BoardJohn Conrad SørensenCurrent
BoardRené Trap SørensenCurrent
BoardLiselotte SørensenCurrent
BoardErik Heilesen
BoardJette Krogh
BoardJette Krogh
BoardRené Trap Sørensen
BoardKirsten Marie Bank Gundersen
BoardMichelle Neve
Owner (100%)RENÉ TRAP SØRENSEN HOLDING ApSCurrent
Owner (67%)VESTERVANG HOLDING ApS
Owner (20%)RENÉ TRAP SØRENSEN HOLDING ApS
Owner (50%)VESTERVANG HOLDING ApS
AuditorRevisto I/SCurrent
AuditorREVISIONSFIRMAET RATHMANN & MORTENSEN, GODKENDT REVISIONSANPARTSSELSKAB
AuditorRevisto I/S
FounderJohn Conrad SørensenCurrent

The CEOs' other companies

John Conrad Sørensen – 1 other companies

Address history (1 moves)

Toftegårdsvej 40, 8722 Hedensted
Toftegårdsvej 40, 8722 Hedensted

Employees per year

Number of employees at VESTERVANG MASKINVÆRKSTED A/S per year592011: 820112012: 820122013: 920132014: 720142015: 720152016: 720162017: 720172018: 92018

Other companies at the same address

Similar companies in Hedensted

Questions and answers about VESTERVANG MASKINVÆRKSTED A/S

Has VESTERVANG MASKINVÆRKSTED A/S gone bankrupt?

No, VESTERVANG MASKINVÆRKSTED A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VESTERVANG MASKINVÆRKSTED A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of VESTERVANG MASKINVÆRKSTED A/S?

John Conrad Sørensen is the CEO of VESTERVANG MASKINVÆRKSTED A/S.

Who is the auditor of VESTERVANG MASKINVÆRKSTED A/S?

VESTERVANG MASKINVÆRKSTED A/S most recently used Revisto I/S.

When was VESTERVANG MASKINVÆRKSTED A/S founded?

VESTERVANG MASKINVÆRKSTED A/S was founded on 25 June 1998.

What is the equity of VESTERVANG MASKINVÆRKSTED A/S?

Equity was DKK 1.3m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.